Reimbursable expenses can easily complicate personal budgeting. Whether it’s covering a friend’s meal, paying for work-related expenses that will eventually be reimbursed, or fronting the money for a family outing, these scenarios can throw off your budget. YNAB (You Need A Budget) is great at keeping track of your expenses,…

In the realm of personal finance management, a myriad of budgeting apps claim to offer the perfect solution for tracking and managing expenses. However, most of these tools share a common shortcoming: they predominantly focus on retroactive classification of expenses rather than proactive budgeting. In the frum community, financial management…

Short-Term Financial Planning with YNAB (You Need A Budget) We have 5 coaches so far but need more. More info about this program can be found here. Program Description: The YNAB Planning Program is designed to empower individuals and families within the frum community to manage their finances more effectively…

We are thrilled to announce the Annual Matanos L’Evyonim Fund by frum.finance! Our commitment to financial stability and literacy in the Frum community is now extending to provide direct support to individuals and families facing financial hardship.  https://www.zeffy.com/en-US/donation-form/bab8cc07-b5be-47fb-933f-613976df62d8  Donate at the above link or message us if you are someone who needs…

We have already visited the comparison between FI and Ramsey, now let’s explore Financial Independence by itself.The Financial Independence (FI) approach to personal finance is characterized by the following key aspects: Intentional Spending: Mindful Budgeting: Intentional spending in the FI philosophy starts with a budget that is consciously aligned with…

In Parshas Shemos, we delve into the pivotal story of the Yidden’s enslavement in Mitzrayim and the emergence of Moshe as a leader. This narrative offers profound insights that are relevant to our journeys, including the path to financial understanding and stability. The experience of the Yidden in Mitzrayim is…

Be On The Lookout: Deciphering Deceptive Financial Phrases In the ever-evolving financial landscape, it’s crucial to remain vigilant against misleading and often deceptive financial advice. At Frum Finance, we believe in empowering our community with the knowledge to discern fact from fiction in financial matters. This article aims to highlight…

There is a popular opinion around home-buying that the earlier the better. Here is a quote from the incredible creator behind GeltGuide, Eli Fried: For a frum family, a house is a very important financial need. Our families grow quickly and because we need specific neighborhoods, the prices rise drastically as well….

Before we jump into how to calculate how much life insurance you or your loved one might need, let’s introduce ourselves to the uninitiated. We are frum.finance, and we help empower the frum community with financial literacy and tailored guidance to achieve financial stability and independence. If you haven’t already…

Never Miss An Update Click the button, then click follow in the top right. Follow Get Planning Quick Points💰 Absolutely free: frum.finance will cover all licensing costs.🔐 Secure & Private: Your peace of mind is our priority.🌟 Feature-Rich Finance Management, a giant leap above mint.com🏆 A leading financial planner software…

Never Miss An Update Click the button, then click follow in the top right. Follow Warning This is just a case study. We are not telling you to go out and buy a Tesla. The Tesla Model 3 is the cheapest sedan on the market! I didn’t believe it either…

Never Miss An Update Click the button, then click follow in the top right. Follow A poignant question was raised in our community Slack, touching the core of a universal dilemma: Should smart money management take precedence over personal fulfillment? The case in point involves a family opting to live…